Stock Analysis on Net

Nike Inc. (NYSE:NKE)

Statement of Comprehensive Income 

Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

Nike Inc., consolidated statement of comprehensive income

US$ in millions

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12 months ended: May 31, 2021 May 31, 2020 May 31, 2019 May 31, 2018 May 31, 2017 May 31, 2016
Net income 5,727  2,539  4,029  1,933  4,240  3,760 
Change in net foreign currency translation adjustment 496  (148) (173) (6) 16  (176)
Change in net gains (losses) on cash flow hedges (825) (130) 503  76  (515) (757)
Change in net gains (losses) on other (9) (7) 34  (32)
Other comprehensive income (loss), net of tax (324) (287) 323  104  (531) (928)
Comprehensive income 5,403  2,252  4,352  2,037  3,709  2,832 

Based on: 10-K (reporting date: 2021-05-31), 10-K (reporting date: 2020-05-31), 10-K (reporting date: 2019-05-31), 10-K (reporting date: 2018-05-31), 10-K (reporting date: 2017-05-31), 10-K (reporting date: 2016-05-31).

Comprehensive income item Description The company
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Nike Inc. net income decreased from 2019 to 2020 but then increased from 2020 to 2021 exceeding 2019 level.
Comprehensive income Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Nike Inc. comprehensive income decreased from 2019 to 2020 but then increased from 2020 to 2021 exceeding 2019 level.